Mohali, the flourishing township of Punjab is among the most industrialized and urbanized cities all over India. Owing to enormous industrialization and outstanding improvement in infrastructure, the city is witnessing a huge influx of populace that have settled here and made it their permanent habitat. Over the last few years, this city has gained great prominence in terms of urbanization and higher standard of living. Mohali has emerged as a favored destination for dwelling. There are several factors that have made Mohali as the favorite hub for realty investment. Mohali is well planned city and has everything to offer its residents, which include world class infrastructure, clean and pollution free environment, host of entertainment options, best educational institutions, multispecialty hospitals, shopping malls, and multi-cuisine restaurants to mention a few. The city has given a boost to the realty sector. The demographic status of the residents is quite impressive with majority of the populace falling in upper middle class group.
Due to close proximity, those professionals working in Chandigarh prefer to stay in and around Mohali, as the property prices are comparatively cheap in the suburbs. Mohali is well connected by road and rail to the Capital and other cities of Punjab, Himachal Pradesh and Haryana, thus inviting more people to relocate to this city for better job prospects. There are several property developers and builders who have already started developing both residential and commercial complexes, and several more are expected to commence soon. A nanotechnology institute and World Business Center are also being built up. The government of Punjab is aimed towards setting up a Knowledge City that would be spread over 400 acres of land, and house different institutes to impart quality education for students from all over the country.
Mohali, shares its boundary and architectural planning with Chandigarh, yet it has emerged as separate city with an identity of its own. It is counted as the second best choice after Chandigarh. Real estate market in Mohali is thriving industry. Several world renowned realtors have stormed into the realty scene in Mohali and its neighboring areas, including the big names such as Unitech, DLF, Emaar MGF, TDI and Unitech. Realty market has been witnessing a great boom. The property rates have mounted dramatically and so has the interest of shareholders to invest on real estate. Mohali is now projected as a city with distinct identity, and thus several IT and MNC’s, such IDS InfoTech, Convergys have opened their offices here.
Sunny Enclave has emerged as the most privileged name to procure Luxury Villas, terraced homes, fully furnished flats and apartments, lying in close proximity to Chandigarh. 1 BHK Flat in Mohali is serving as the residential community in Sunny Enclave. Commercial realty in Mohali includes shopping malls, multiplexes, multi-specialty hospitals, star -categorized hotels and much more. Mohali has become a favorable destination for property investment. Investing on real estate is surely beneficial for investors and buyers. Individuals can get their hands on a Mohali property at most affordable price. It would be helpful to find the best property at most suitable locations if individuals make a search online.
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